Ethereum doesn’t currently have enough momentum to break through the supply zones, and considering the bearish trend in its dominance, it is expected to reject from the red line on the chart and move toward the marked demand zones below before starting its next rally.
This scenario would also allow the remaining corrective waves to complete. The process may take time, so it may be better to focus on coins that are lagging behind the market and look for profit opportunities there.
Ethereum could stage a significant recovery from one of the demand zones highlighted on the chart.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think Ethereum is bearish?
This scenario would also allow the remaining corrective waves to complete. The process may take time, so it may be better to focus on coins that are lagging behind the market and look for profit opportunities there.
Ethereum could stage a significant recovery from one of the demand zones highlighted on the chart.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think Ethereum is bearish?
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🔥 Don't Just Watch the Market. Understand It!
📊 Crypto Analysis & Setups:
👉 t.me/Behdark_EN
💹 Forex Analysis & Setups:
👉 t.me/FX_Behdark
🚀 Join BehDark for Market Insights, Trading Setups & Key Levels. Choose Your Market & Join Us!
📊 Crypto Analysis & Setups:
👉 t.me/Behdark_EN
💹 Forex Analysis & Setups:
👉 t.me/FX_Behdark
🚀 Join BehDark for Market Insights, Trading Setups & Key Levels. Choose Your Market & Join Us!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.